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5 Essential Moves to Make After the Seller Accepts Your Offer | #BorrowWisely
Blog 7 months ago
5 Essential Moves to Make After the Seller Accepts Your Offer | #BorrowWisely
Source Ask a Lender

The home buying process can be long and arduous, and when a seller accepts your offer to buy their house, it’s normal to feel elated. But the...

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Full-Service vs. Discount Brokers When Selling Your Home | #BorrowWisely
Blog 7 months ago
Full-Service vs. Discount Brokers When Selling Your Home | #BorrowWisely
Source Ask a Lender

Selling your home can be stressful, and a real estate agent should be a rock in the midst of the storm. Many factors go into choosing a real estate...

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9 Home Improvements with the Most ROI | #BorrowWisely
Blog 7 months ago
9 Home Improvements with the Most ROI | #BorrowWisely
Source Ask a Lender

There are two ways the value of your home can increase: local property appreciation and adding value to the home itself through strategic...

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Do I Need to Get a Property Surveyed Before Buying It? | #BorrowWisely
Blog 7 months ago
Do I Need to Get a Property Surveyed Before Buying It? | #BorrowWisely
Source Ask a Lender

If you’re buying a house, you’re no doubt aware that the expenses add up: Down payments, inspection fees and closing costs can put quite the dent...

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What Are Encumbrances? | #BorrowWisely
Blog 7 months ago
What Are Encumbrances? | #BorrowWisely
Source Ask a Lender

When purchasing real estate, it’s important to understand encumbrances—claims to a property that can include easements, liens and encroachments....

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Realtor Commissions: Does the Buyer or Seller Pay? | #BorrowWisely
Blog 7 months ago
Realtor Commissions: Does the Buyer or Seller Pay? | #BorrowWisely
Source Ask a Lender

Many first-time homebuyers and even first-time home sellers wonder who is responsible for paying the real estate agents' commissions and the loan's...

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When Should I Change Real Estate Agents? | #BorrowWisely
Blog 7 months ago
When Should I Change Real Estate Agents? | #BorrowWisely
Source Ask a Lender

If your house isn’t selling and you are having trouble contacting your real estate agent, it may be time to consider finding a new Realtor. This...

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How to Negotiate Repairs After a Home Inspection | #BorrowWisely
Blog 7 months ago
How to Negotiate Repairs After a Home Inspection | #BorrowWisely
Source Ask a Lender

You’ve found the one: that perfect house. The trouble is, there’s some work to be done to transform the property into the home of your dreams....

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Don't Overlook the Home Insurance Inspection | #BorrowWisely
Blog 7 months ago
Don't Overlook the Home Insurance Inspection | #BorrowWisely
Source Ask a Lender

When financing and buying a home, you give your lender a lot of attention. Yet there’s another party in the purchase equation that should not be...

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What Are Seller Concessions? | #BorrowWisely
Blog 7 months ago
What Are Seller Concessions? | #BorrowWisely
Source Ask a Lender

In broad terms, seller concessions are anything agreed upon in writing that the home seller is willing to do or pay for to help close the deal on a...

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Professionals Who Can Help You Sell Your Home | #BorrowWisely
Blog 7 months ago
Professionals Who Can Help You Sell Your Home | #BorrowWisely
Source Ask a Lender

Beyond the many emotions associated with selling a home, there is the complexity of the transaction itself. From marketing to negotiating and...

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What to Know Before You Buy HOA-Covered Property | #BorrowWisely
Blog 7 months ago
What to Know Before You Buy HOA-Covered Property | #BorrowWisely
Source Ask a Lender

One of the pleasures of homeownership is customizing the property to suit your lifestyle and tastes. When you purchase certain properties, however,...

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Do Open Houses Really Work? | #BorrowWisely
Blog 7 months ago
Do Open Houses Really Work? | #BorrowWisely
Source Ask a Lender

The open house has been a staple of real estate for decades. Homeowners who are selling list their house with a Realtor, clean and de-clutter for a...

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6 Simple Improvements to Boost Your Home Sale Value | #BorrowWisely
Blog 7 months ago
6 Simple Improvements to Boost Your Home Sale Value | #BorrowWisely
Source Ask a Lender

Beauty is in the eye of the beholder. Never is this adage more true than when you put your house on the market. Your house is full of memories that...

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7 Steps to Buying a New Construction Home | #BorrowWisely
Blog 7 months ago
7 Steps to Buying a New Construction Home | #BorrowWisely
Source Ask a Lender

For some homebuyers, nothing less than brand spanking new will do. Purchasing a new construction home gives you the pleasure of being the first and...

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How Much House Can I Afford? | #BorrowWisely
Blog 7 months ago
How Much House Can I Afford? | #BorrowWisely
Source Ask a Lender

For first-time homebuyers, the thought of spending five, six or seven figures on one purchase is daunting. In many instances, it will be the single...

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Can I Negotiate with My Realtor for a Lower Commission? | #BorrowWisely
Blog 7 months ago
Can I Negotiate with My Realtor for a Lower Commission? | #BorrowWisely
Source Ask a Lender

The contract you sign with a real estate agent to sell your house specifies the commission you will pay upon closing. This amount is typically...

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Do Your Homework Before Buying a Home at Auction | #BorrowWisely
Blog 7 months ago
Do Your Homework Before Buying a Home at Auction | #BorrowWisely
Source Ask a Lender

If you want to invest in real estate or save money on a new owner-occupied home, auctions are an option. Buying a home through a live or online...

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What Is the MLS and Why Do I Need it to Sell My House? | #BorrowWisely
Blog 7 months ago
What Is the MLS and Why Do I Need it to Sell My House? | #BorrowWisely
Source Ask a Lender

When you’re ready to sell your home, one of the first things your real estate agent does is put your house on the multiple listing service, or MLS....

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What to Consider When Buying a Foreclosure Home | #BorrowWisely
Blog 7 months ago
What to Consider When Buying a Foreclosure Home | #BorrowWisely
Source Ask a Lender

Saving money is of paramount importance to many people when it comes to a home purchase, and a common way to do it is to find a property in lower...

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How to Find the Best Listing Agent: 8 Questions to Ask | #BorrowWisely
Blog 7 months ago
How to Find the Best Listing Agent: 8 Questions to Ask | #BorrowWisely
Source Ask a Lender

You’ve considered whether to do it yourself or use a discount broker to sell your home and decided on hiring a full-service real estate agent for...

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What Is an Earnest Money Deposit? | #BorrowWisely
Blog 7 months ago
What Is an Earnest Money Deposit? | #BorrowWisely
Source Ask a Lender

A promise and a handshake are sometimes all that is needed to make a deal. When it comes to purchasing a home, however, a more significant gesture...

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Technology Is Changing the Property Listing Game | #BorrowWisely
Blog 7 months ago
Technology Is Changing the Property Listing Game | #BorrowWisely
Source Ask a Lender

Drones, 3-D and augmented reality are no longer just the purview of sci-fi blockbusters and video games. They could be the tools that fetch you a...

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Are You Ready to Downsize Your Home? | #BorrowWisely
Blog 7 months ago
Are You Ready to Downsize Your Home? | #BorrowWisely
Source Ask a Lender

If you are starting to think about downsizing to simplify your life or decrease your expenses, you may be worried about making the right choice....

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6 Alternative Ways to Sell Your Home | #BorrowWisely
Blog 7 months ago
6 Alternative Ways to Sell Your Home | #BorrowWisely
Source Ask a Lender

A conventional mortgage is the easiest way for most homebuyers and sellers to transfer property. It is contingent on a lot of factors, however,...

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Home Ownership: What Does it Really Cost? | #BorrowWisely
Blog 7 months ago
Home Ownership: What Does it Really Cost? | #BorrowWisely
Source Ask a Lender

It’s the first of the month again and you file your rent check, lamenting “I could pay for a house with this!” But could you, really? Simply...

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Can I Sell My Home If I Still Owe on My Mortgage? | #BorrowWisely
Blog 7 months ago
Can I Sell My Home If I Still Owe on My Mortgage? | #BorrowWisely
Source Ask a Lender

Most homeowners have a 15- or 30-year mortgage, but living in one place for decades is increasingly incompatible with modern lifestyles. When you...

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3 Types of Insurance Lenders Require | #BorrowWisely
Blog 7 months ago
3 Types of Insurance Lenders Require | #BorrowWisely
Source Ask a Lender

When you purchase a home, you’re not only buying an asset but assuming responsibility for its past, present and future for as long as you own it....

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How and When to Short Sell Your Home | #BorrowWisely
Blog 7 months ago
How and When to Short Sell Your Home | #BorrowWisely
Source Ask a Lender

Life is unpredictable, as are real estate markets. Despite their best intentions, homeowners sometimes end up underwater on their mortgage—that is,...

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Mortgage Prequalification vs. Preapproval | #BorrowWisely
Blog 7 months ago
Mortgage Prequalification vs. Preapproval | #BorrowWisely
Source Ask a Lender

If you visit the websites of many mortgage brokers, banks or other lenders, you're likely to find information encouraging you to get prequalified...

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